Avg. Rate
₹ 20,404/sq. ft
Locality Rating
8.1/10
Koregaon Park is one of Pune’s most prestigious and sought-after neighborhoods, renowned for its upscale residential character, tree-lined avenues, and colonial-era bungalows. Developed initially as a quiet residential enclave, it has evolved into a high-end commercial and lifestyle hub while retaining its old-world charm. The area is marked by narrow, winding lanes dotted with heritage homes, lush gardens, and modern boutique offices, reflecting a seamless blend of tradition and urban sophistication. Today, Koregaon Park stands as a symbol of elite living in Pune, commanding the highest property prices in the city and among the top in India, second only to South Mumbai and Delhi’s Lutyens Bungalow Zone. With an average price of ₹1.24 crore for a 2BHK flat and ₹17,203 per sq ft, it remains a magnet for affluent buyers, NRIs, and real estate investors. Despite rapid commercialization, the locality preserves its green cover and architectural heritage, with several old bungalows still standing amid new-age developments. Strategically located in Pune East, Koregaon Park offers excellent connectivity to key business districts like Kalyani Nagar, Viman Nagar, and Hinjewadi IT Park. The area hosts eight ongoing residential and commercial projects, reflecting sustained demand. Its proximity to major roads, social infrastructure, and vibrant dining and retail options solidify its status as Pune’s premier address.
Region
Pune East
City
Pune
District
Pune
State
Maharashtra
Pincode
411001
Population
Estimated population of approximately 35,000–40,000 residents (based on Pune Municipal Corporation ward data, 2023 projection).
Schools
1
Nearest Airport
Pune Airport (PNQ)
Koregaon Park is considered a prime real estate investment destination.
Enjoys a prime location in Pune, with easy access to major business districts, shopping centers, educational institutions, and entertainment hubs.
Renowned for its culinary scene, with a plethora of gourmet restaurants, cafes, and eateries.
Traffic congestion, especially during peak hours.
Timeline
Average Rate
₹ 20,404/sq. ft
Average Price Range
₹ 5,950 – ₹ 24,950
Trend (5Y)
▲ 65.1%
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